PPP Loan information for Precision turned components corp

$516,825

Precision turned components corp was initially approved for PPP Loan of amount $516,825, the current approved amount is $516,825. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 47 jobs and $516,825 was used to fund payroll.

Precision turned components corp is New Business or 2 years or less

PPP Loan Search / RI / SMITHFIELD / Precision turned components corp

PRECISION TURNED COMPONENTS CORP

Date Approved

05/01/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

PRECISION TURNED COMPONENTS CORP

Borrower Address

331 FARNUM PIKE

Borrower City

SMITHFIELD

Borrower State

RI

Borrower Zip

02917-1205

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

516825.00

Current Approval Amount

516825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SMITHFIELD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1205

CD

RI-01

Jobs Reported

47

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

516825.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521455.19

Forgiveness Date

03/25/2021

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